|Min SIP Amount||₹500|
|NAV||₹102.52 (27 Nov 2020)|
|Fund Started||26 Mar 2004|
|Fund Size||₹328 Cr|
|Reliance Industries Ltd.||Energy||Equity||13.1%|
|HDFC Bank Ltd.||Financial||Equity||10.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.6%|
|ICICI Bank Ltd.||Financial||Equity||5.4%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.7%|
|Axis Bank Ltd.||Financial||Equity||2.3%|
Franklin India Index Fund NSE Nifty Growth is a Equity Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 26 Mar 2004. Srikesh Nair, Varun Sharma is the Current Fund Manager of Franklin India Index Fund NSE Nifty Growth fund.The fund currently has an Asset Under Management(AUM) of ₹328 Cr and the Latest NAV as of 27 Nov 2020 is ₹102.52.
The Franklin India Index Fund NSE Nifty Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 7 days.
The open end index linked growth scheme with the objective to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with Nifty 50 Index under NSE Nifty Plan, and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the S&P BSE Sensex under S&P BSE Sensex Plan.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.